Is Air Liquide (EPA:AI) Worth Your Time and Dime Following a UBS AG Downgrade?

Air Liquide (EPA:AI) Receives a Downgrade

UBS AG cut their rating for shares of Air Liquide (EPA:AI) stock to a solid Sell. This change was released in an analyst research report earlier today. The equities firm after the upgrade now has a EUR 98.00 target price on company.

From a total of 8 analysts covering Air Liquide (EPA:AI) stock, 3 rate it a ”Buy”, 0 a “Sell”, and 6 a ”Hold”. This means that 33% of the ratings are positive. The highest target price is €22.5 while the lowest target price is €13.8. The mean of all analyst targets is €18.44 with a 12.03% above today’s (€102.05) stock price. Air Liquide was the topic of 15 analyst reports since July 31, 2015 according to the firm StockzIntelligence Inc. Independent Research maintained shares on December 9 with “Hold” rating. UBS downgraded shares to “Sell” rating and €98 target share price in a report from a November 19. Deutsche Bank maintained AI stock in a recent report from December 4 with “Hold” rating. Credit Suisse maintained the rating on October 9. Credit Suisse has a “Neutral” rating and a €106 price target on shares. Finally, JP Morgan maintained the stock with “Neutral” rating in a report issued on a November 20.

The stock decreased 0.87% or EUR 0.9 on December 14, striking EUR 102.05. Approximately 1.38 million shares of stock traded hands or 15.00% up from the average. Air Liquide SA (EPA:AI) has declined 42.76% since May 12, 2015 and is downtrending. It has underperformed by 38.35% the S&P500.

AIR LIQUIDE, S.A. is a provider of gases, technologies and services to a range of industries, such as steel industry, food and beverage, electronics or pharmaceuticals. The company has a market cap of 35.11 billion EUR. The Firm classifies its activities as Gas and Services, Engineering and Technology, and Other Activities. It has 20.21 P/E ratio. The Company’s Gas and Services activities supplies a range of gases, application equipment and associated services to technology, research, materials, energy, automotive, manufacturing, food, pharmaceuticals, craftsmen, and network industries.

According to Zacks Investment Research, “Arlington Asset Investment Corp. is a principal investment firm that currently invests primarily in mortgage-related and other assets.”